Hatch has $183,000 cash on hand, compared to Branstad’s $4 million

Hatch raised about $269,000 from the last week in May through the middle of July. Hatch’s campaign had about $183,000 in the bank on July 14. That compares to the $4 million in cash Republican Governor Terry Branstad reported in his campaign account at the end of the latest campaign disclosure reporting period.

Hatch has raised about $983,000 since he launched his campaign last summer and the Branstad campaign is ridiculing Hatch for failing to cross the million dollar mark, which Hatch said was a milestone he hoped to cross last December. Hatch’s campaign, in turn, blasts Branstad for accepting donations from Donald Trump and other New York and New Jersey donors.

From May 28 through July 14, Hatch received over $143,000 from 23 different political action committees representing labor groups. Branstad got $75,000 from three different PACS — one represents the Republican Governors Association and another is Wellmark’s PAC.

The single-largest individual contribution during the reporting period came from Josh Nelson of Spencer, the owner of a local phone company who wrote a $50,000 check to the Branstad campaign. John Smith, the CEO of a Cedar Rapids-based trucking company, wrote Branstad’s campaign a $25,000 check. Mark Falb of Dubuque, the executive of a textbook publishing company, also contributed $25,000. Bruce Rastetter, the agribusinessman who was Branstad’s number-one contributor in 2010, wrote the campaign a $10,000 check earlier this month.

Hatch’s single-largest donation from an individual was $10,000 and it came from Toni Urban of Des Moines, who runs a retail stationery shop in West Des Moines. Her husband, Tom Urban, is a former Des Moines mayor.

This morning, hours before the detailed reports were filed on the Iowa Ethics and Campaign Disclosure Board’s website, Hatch declined to reveal his fundraising totals to reporters.

“We’re going to have a campaign that’s going to work our plan and allow us to have a substantial election effort,” Hatch said during a statehouse news conference.